2024 an inflection point in race to become unicorn

Startups that became unicorns in 2024 took an average of nine years and six months to reach $1 billion valuation, reflecting the impact of a prolonged funding squeeze from PE/VC firms over the past......

SoftBank warns its portfolio firms of cost cutting

After a recent fall in profit, Masayoshi Son of SoftBank announced that the Japanese tech investor will look at dramatic cost-cutting. Photograph: Toru Hanai/Reuters Before he does that,......

SoftBank-backed Ola raises $500-mn term loan

Ola is likely to use the loan to fuel its vision for future of mobility across businesses including ride-hailing, vehicle commerce, delivery with foods, quick commerce & financial services.......

Softbank's big-ticket investments in India

With Nikesh Arora's exit from Softbank, Indian start-ups have lost one of its biggest supporters. IMAGE: Nikesh Arora with Prime Minister Narendra Modi. Photograph kind courtesy: Nikesh......